Egypt's Amreya Petroleum Reports Crude Oil Refining in FY21/22

Amreya Petroleum Refining Company (APRC) has refined more than 3.60 million tons of crude oil during fiscal year (FY) 2021/2022, Ahram Gate cited the company’s Chairman, Hossam Shawky, on Monday.

Meanwhile, APRC produced 84,000 tons of butane, 1 million tons of mazut, 424,000 tons of 80-octanes benzene, and 1 million tons of diesel. Additionally, it produced 144,000 tons of kerosene, and 65,000 tons of essential; special oils; and paraffin wax.

The Chairman's statement was made during the ordinary general meetings (OGMs) of public sector companies, including APRC, which took place earlier this day to approve the companies' financial results for FY21/22.

Moreover, the company's production of alkylbenzene amounted to 47,000 tons, and 21,000 tons of raw wax were produced for export. APRC further produced 56,000 tons of special petroleum products, as well as volumes of toluene and medicinal oil.

APRC’s logged revenues worth EGP 3.50 billion (US$180 million), whilst its implemented investments during FY21/22 totaled EGP 450 million (US$23.17 million).